Funding you earn now, next payment 08:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.052%
Price spread now: Binance against tradeXYZ+0.069%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.019%+$2 on $10k
+Price spread, last 7 days−0.029%−$3 · spread now +0.069%, 7d avg +0.105%
=Together, before fees−0.010%+ Points / potential airdroptradeXYZ: Active · farm board−$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.036% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.105%). If the spread goes back, that is −$4 on $10k: about 42 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.019% in total) that is about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BABA | 117.05 | 0.0080 | pay 0.0010% / 1h | 4m 19s | $11.8M | $4.4M | 10x |
| Short | Binance BABAUSDT | 117.13 | 0.0148 | get 0.0148% / 8h | 4m 19s | $15.3M | $31.9M | 20x |
tradeXYZ xyz:BABA
Binance BABAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $14.25
- Price spread: +0.069% → +0.105%
- −$3.6
- Slippage, 4 orders
- −$17.43
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.78
- Costs to cover
- 0.454%
- Break-even
- 24.1 days
Slippage from tradeXYZ: live order book, 5 min ago; Binance: live order book, 7 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 5 min ago | 0.86 bp | 13.3 bp −$13 | 18.2 bp −$182 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 1.71 bp | 9.0 bp −$9 | 23.7 bp −$237 | 81.1 bp −$8,112 | doesn't fit |
BABA on 22 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 117.01 | −0.038% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.13 | +0.068% | $2.1M | $716K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.18 | +0.111% | $1.5M | $2.1M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.13 | +0.068% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.15 | +0.085% | $720 | $3.0M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 117.19 | +0.120% | $30K | $19K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.16 | +0.094% | $373K | $72K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.11 | +0.051% | $436K | $504K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −1.034% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 117.05 | 0.000% | $70K | $140K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BABA-USD | +0.0044% | 1h | 117.11 | +0.051% | $1.2M | $2.9M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.03 | −0.017% | — | $19K | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.07 | +0.017% | $8K | $286K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.00 | −0.043% | $231K | $427K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0054% | 8h | 117.19 | +0.120% | $3K | $188K | 10x | as long as short |
| tradeXYZ xyz:BABAlong | +0.0080% | 1h | 117.05 | long leg | $11.8M | $4.4M | 10x | |
| Variational Omni BABA | +0.0086% | 8h | 117.17 | +0.102% | $338K | $779K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 117.05 | 0.000% | $609K | $391K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.13 | +0.068% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0144% | 1h | 117.12 | +0.061% | $47K | $307K | 10x | as long as short |
| Binance BABAUSDTshort | +0.0148% | 8h | 117.13 | +0.069% | $15.3M | $31.9M | 20x | |
| Phoenix BABA | +0.0205% | 1h | 117.06 | +0.009% | $66K | $89K | 10x | as long as short |
QFEX BABA-USD
Vest BABA-USD-PERP
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
GRVT BABA_USDT_Perp
Variational Omni BABA
KuCoin BABAUSDTM
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Phoenix BABA